Fortinet Inc (FTNT) FinancialsFTNTFinancialFortinet Inc

Fortinet, Inc. (FTNT) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product, accounting for 37.7% of total sales, equivalent to $773.00M. Other significant revenue streams include Service -Security subscription and Service-Technical support. Understanding this composition is critical for investors evaluating how FTNT navigates market cycles within the Software industry.

Evaluating the bottom line, Fortinet, Inc. maintains a gross margin of 80.24%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 33.60%, while the net margin is 29.61%. These profitability ratios, combined with a Return on Equity (ROE) of 117.44%, provide a clear picture of how effectively FTNT converts its operational activities into shareholder value.

In the context of the broader market, FTNT competes directly with industry leaders such as ACN and NET. With a market capitalization of $126.77B, it holds a leading position in the sector. When comparing efficiency, FTNT's gross margin of 80.24% stands against ACN's 32.77% and NET's 71.76%. Such benchmarking helps identify whether Fortinet, Inc. is trading at a premium or discount relative to its financial performance.

Fortinet's revenue growth is robust, with Q2 2026 revenue at $2.05 billion, up from $1.85 billion in Q1 2026. The gross margin remains strong at around 80%, indicating efficient operations. Net income for Q2 2026 was $606 million, showcasing solid profitability.